While domestic auto makers have been doing well in the U.S., the big Japanese manufacturers have seen smaller gains. Toyota Motor Corporation (ADR) (NYSE:TM) has seen 6.1% YTD growth in sales, and Honda Motor Co Ltd (ADR) (NYSE:HMC) has seen ...
This year, even though the tensions are dying down between the two countries, car manufacturers like Toyota Motor Corporation (ADR) (NYSE:TM) and Honda Motor Co Ltd (ADR) (NYSE:HMC) are still seeing earnings numbers take a hit from poor Chinese ...
While Toyota Motor Corporation (ADR) (NYSE:TM) is for now still the world's leading producer of cars, it is facing stiff competition from Asian as well as US competitors.
Toyota Motor Corporation (ADR) (NYSE:TM) is doing a lot worse than that. The company's Camry was ranked number one in 2008, but unit sales have dropped by 20.8%, and the Ford Fusion is hot on the Camry's tail.
As a result Toyota Motor Corporation (ADR) (NYSE:TM)'s sales fell 13% in the first quarter, and the company projected sales there wouldn't rebound before multiple new products - including two China-specific models - are introduced in the fall.
Toyota Motor Corporation (ADR) (NYSE:TM) shares fell -1.17% in last trading session and is closed at $ 126.60 while trading in range of $ 124.88 - 126.24 with average volume 770,683.00 shares.
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